US consumer confidence rebounds in May after 5-month slide
U.S. consumer confidence rose in May after five straight months of deterioration after a pause in higher tariff rates between the U.S. and China boosted optimism, though concerns about tariffs raising prices and hurting the economy remained.The Conference Board reported on Tuesday that its consumer confidence index rose by 12.3 points to 98 in May, well above the modest rise to 87 that was projected by economists polled by Reuters.Roughly […]